The G20 New Delhi Leaders’ Declaration said: “We reiterate our commitment to the G20 as the premier forum for global economic cooperation and its continued operation in the spirit of multilateralism, on the basis of consensus, with all members participating on an equal footing in all its events including Summits.”

It continued: “We also look forward to the Paris Olympic and Paralympic Games in 2024 as a symbol of peace, dialogue amongst nations and inclusivity, with participation of all.”

IOC President Thomas Bach welcomed the statement. He said in Lausanne: “We would like to thank very warmly the G20 Leaders, who include for the first time the African Union, for their invaluable support. The IOC will continue to work with full commitment to achieve these goals, which are also our goals.”

The Group of Twenty (G20) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States), the African Union (AU) and the European Union (EU). The G20 members represent around 85 per cent of the global GDP, over 75 per cent of global trade, and about two-thirds of the world’s population.